So much for Senate leader McConnell trying to talk down another stimulus bill... The Democratic House has ALREADY approved one.... Fed Chair Powell is asking for more stimulus money to be given out... One would assume the House and Senate will use the House bill to make … [Read more...] about Trump’s Treasury Sec just told McConnell that he WILL be passing ANOTHER stimulus bill…
The Fed
Good GOSH!…The Stock Market is DOWN another 800 points right NOW….
Update.... As of 11:00AM EST.... The market loss has dropped to -500 points... The value of corporate America is down 10% as of right now.... ... The American Stock Market IS DIVING down.... ALL of the gains during the last year ARE GONE.... This IS moving … [Read more...] about Good GOSH!…The Stock Market is DOWN another 800 points right NOW….
Stock Market gives up almost 600 points to erase the whole years gains….
Why? A whole batch of things coming this way..... As they have all year, companies are reporting mostly good financial results for the third quarter. But this time around, executives have been talking about the challenges they face with rising production and materials … [Read more...] about Stock Market gives up almost 600 points to erase the whole years gains….
With the Fed move today…Interest rates are going up….
The Federal Reseve thinks the economy is doing good.... They worry about inflation...So they try to keep a handle on the economy.... Higher interest rates to the big guys mean higher interst rates for us consumers.... The Federal Reserve raised interest rates on Wednesday … [Read more...] about With the Fed move today…Interest rates are going up….